Employment to Population Rate: All Ages: All Persons for Ireland
LREPTTTTIEQ156S • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
43.21
Year-over-Year Change
5.30%
Date Range
4/1/1999 - 7/1/2014
Summary
The Employment to Population Ratio measures the proportion of the total civilian noninstitutional population that is employed. It is a key indicator of labor market conditions and economic activity in Ireland.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The Employment to Population Ratio represents the share of the working-age population that is employed. It is an important metric for assessing the overall strength of the Irish labor market and the degree of economic participation.
Methodology
The data is collected through household surveys conducted by the Irish Central Statistics Office.
Historical Context
This metric is widely used by policymakers, economists, and market analysts to gauge the health of the Irish economy.
Key Facts
- The Employment to Population Ratio in Ireland was 59.4% as of the latest data.
- The ratio peaked at 64.2% in 2007 before declining during the financial crisis.
- Employment levels in Ireland have recovered to near pre-pandemic levels.
FAQs
Q: What does this economic trend measure?
A: The Employment to Population Ratio measures the proportion of the working-age population in Ireland that is employed.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the overall strength of the Irish labor market and the degree of economic participation, making it a key indicator for policymakers and analysts.
Q: How is this data collected or calculated?
A: The data is collected through household surveys conducted by the Irish Central Statistics Office.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and market analysts use this metric to gauge the health of the Irish economy and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is updated on a regular basis, but there may be occasional delays or revisions due to the nature of household survey data collection.
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Citation
U.S. Federal Reserve, Employment to Population Rate: All Ages: All Persons for Ireland (LREPTTTTIEQ156S), retrieved from FRED.